Motorola Solutions, Inc. (NYSE:MSI) Shares Sold by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI) by 20.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,656 shares of the communications equipment provider’s stock after selling 3,020 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Motorola Solutions were worth $5,388,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. FSA Wealth Management LLC bought a new position in shares of Motorola Solutions in the third quarter worth $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Motorola Solutions in the third quarter worth about $31,000. Strategic Investment Solutions Inc. IL acquired a new stake in Motorola Solutions in the second quarter worth about $32,000. Planning Capital Management Corp bought a new position in Motorola Solutions in the 3rd quarter valued at about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in Motorola Solutions during the 3rd quarter valued at about $33,000. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Performance

MSI opened at $460.00 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. The stock’s 50 day moving average price is $478.34 and its two-hundred day moving average price is $446.78. The firm has a market capitalization of $76.88 billion, a P/E ratio of 50.38, a price-to-earnings-growth ratio of 3.35 and a beta of 1.01. Motorola Solutions, Inc. has a 12-month low of $314.84 and a 12-month high of $507.82.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.36. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, equities analysts forecast that Motorola Solutions, Inc. will post 12.57 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th were given a dividend of $1.09 per share. The ex-dividend date was Friday, December 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.95%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.98. Motorola Solutions’s dividend payout ratio is currently 47.75%.

Analyst Ratings Changes

Several brokerages recently commented on MSI. Barclays boosted their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Raymond James increased their price objective on Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Morgan Stanley boosted their price objective on shares of Motorola Solutions from $430.00 to $495.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $504.88.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.